The US consumer has been spending briskly, racking up credit card debt even as real wage growth remains stagnant, but not on the biggest ticket items.

Data released by the National Association of Realtors on Friday showed sales of existing homes fell 3.4% in September to the lowest level in years.

Along with car sales, home sales have been sluggish in recent quarters as mortgage rates are on the rise.

NAR’s chief economist, Lawrence Yun said that the decline in sales was seen in every region of the country, according to a post on the group’s website.

“This is the lowest existing home sales level since November 2015,” he said. “A decade’s high mortgage rates are preventing consumers from making quick decisions on home purchases. All the while, affordable home listings remain low, continuing to spur underperforming sales activity across the country.”